Hunting maximum reward with minimum risk. Value is what's worth more in the future. Rambler at: https://xitter.cf/t.co/5ulQ4oLPRQ ---DYODD- Not Advice
Joined October 2018
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For the next time I forget, there is no price too low for value stocks and no price too high for growth stocks.
Remind me of this when we get 2027 Q4 numbers... I have a theory...
Elon Musk says he sees $SPCX annual recurring revenue to land between $500 billion and $1 trillion by the end of 2027.
Man .. if I had simply bought Netflix when I started using it and shorted it when I stopped using it, I'd have made SO MUCH.
The symmetry/pattern appreciator in me had been hoping that Propel would be at the post Q2 earnings peak heading into Q3 earnings.
Doesn't seem likely at this point.
2 weeks out, this isn't happening but fundamentally it might have made sense.
Would have held the trailing multiple roughly flat & forward multiple firmly below 10x
Still think Q4 will be the biggest indicator as we get to see LaaS & UK integration both showing.
Said it before and will say it again, the only thing economists are good for us predicting actions of other economists.
Aside from that: useless.
But the housing market is softening because of rates... It's all a chain of stupidity.
Been buying a tiny stock with no analyst coverage recently.
Can drive a truck between my estimates... So they're kinda useless. The numbers I come to seem like they can't possibly be right.
At least I should know within 4-7 months if I'm on the right track. 馃し
Tiff @bankofcanada thinks this is a great thing which is why, despite core inflation being completely unproblematic, he wants more of you bankrupt...
Core measures are great, all the inflation is one exogenous thing (gasoline)
It would actually take a retard to hike rates with this data... Luckily I might know a guy.
The dumbest central bank in the world
Market saying: no you shouldn't
BoC: but we can so easily make things worse so why shouldn't we?
It's a cult.
馃嚚馃嚘In Canada, the market odds of an October rate hike went from about 25% just a few days ago to 84% at present. What happened? Tiff Macklem said over the weekend at the IMF that the Bank of Canada will be increasing its inflation forecast. He also flagged a higher risk of broader inflation from oil prices, and noted the dual dynamic of higher oil prices + higher inflation and how that reduces the case for easing (recall Canada is a massive net exporter). Inflation data came out on Monday morning after his remarks. Core measures (trim + median) printed at 1.8% and 1.9%, respectively - both below target. Headline printed at 3.1% as gasoline was up 6.1% in the month. The highest headline has been this year was 3.2% in May (prior 3 months were 3.0%, 3.0%, and 2.8%). The number of items running >3% fell to 32% from 36%, a positive development. So even though the latest inflation print was fine, the market is still expecting a hike next week. It seems like Macklem is looking more towards forward looking data and fading backward looking data, but it still begs the question - does the BoC need to see actual evidence of broad-based inflation pressures from energy prices, or do elevated energy prices justify moving sooner rather than later? Macklem did note over the weekend that recent Iran developments were an escalation, and he did not sound too optimistic on the prospects of improvement in the near term.
Me: How does this email sounds
AI: Good, but you made this autocorrect error!
Me: *examines* ... *Examines*... Where?
AI: You're completely right, you didn't make that spelling error!
Seriously these things can be so dumb.
Amazing how some people are indoctrinated enough to think that higher rates magically fix oil prices.
The Bank of Canada is stuck between a rock and a hard place 馃
Gas +27.8% y/y pushed CPI to 3.1%.
But Canada just lost 68K jobs and core (trim 1.8%) is cooling.
Hike into a weak job market, or look past $110 Brent?
Which mistake does Macklem make Oct 28? 馃摲 馃
I know I think this like once every few quarters but Linamar should really ramp their buyback. 25% upside to book & sub 5x FCF... Net debt 1.25 turns below target... Not that they even could buy a big amount but still.
Surprised there's been no acquisition in a while too.
Heading into the last few weeks of the year since the last declared NCIB, it looks like they'll have bought back ~1.9% of the shares... Which is frankly pathetic when they spent most of the year trading around a 20% FCF yield... And have leverage well below target.
Wondering if Resaas $RSS.V hit today has anything to do with the warrant expiration Friday.
Pressure above $0.60 would make sense in the meantime.
Correction: my understanding is because the warrants technically expired on Saturday, they're still exercisable today.
Trades above $0.60 may still be effectively hedges.